For years, footwear companies were regarded by environmentalists as notorious for environmental abuses. According to a study conducted by adidas, the average pair of shoes with leather uppers produced in 2005 used nearly three kilowatt/hours of energy, 57
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Telemark Companies Choose Sides
Garmont is seeing their business diversify this year, as more specialty ski shops take on telemark and alpine touring brands. As a result, the SIA show cycle is getting more important to the company. Also because of this, they are beginning to see more in
Axcent Forms EU Subsidiary for Descente Athletic…
Axcent Sports has held the license to sell and design Descente apparel for the bike and run market in North America, Europe and Australia since 2002. Most of the company’s European business has been done through third-party distributors, but the company,
American Skiing Co. to Focus on Utah and Maine Resorts…
American Skiing Company has been selling off several of its resort holdings over the past three months. Just last week, the resort holding company announced plans to sell Mount Snow and Attitash resorts for $73.5 million, and in December announced a deal
Thule Targets €1 Billion by 2009…
Thule finished off the 2006 fiscal year with double digit organic-growth and several acquisitions under its belt to boost the top line by nearly a third. The integration of these acquisitions did have a slight impact on profits, which did not keep pace wi
NEOS Sold to Norcross Safety Products…
Norcross Safety Products recently announced a deal to acquire NEOS Overshoes. The deal closed in September 2006, but no details were released until recently. Norcross will be moving NEOS into its Rock Island, IL headquarters. Scott Hardy, founder of Willi
Mizuno Names Custom Fitters of the Year
Mizuno named 16 of its retail partners as Club Fitters of the year. The recipients were evenly split with 8 winners Green Grass shops and 8 Off-Course retailers…
Iconix Expands Footprint with Danskin Deal…
Finally gaining some long needed financial support, Danskin Inc. reached an agreement to sell The Danskin brand to Iconix Brand Group for $70 million. The activewear and dancewear company, founded in 1982, rode the popularity of aerobic exercise in the ea
Warm Winter Causes Bob’s Stores to Miss Q4 Targets…
The TJX Cos. Inc. saw its Bob’s Stores division just miss its target of halving the operating loss as forecast at the start of the year. On a conference call with analysts, newly anointed CEO Carol Meyrowitz attributed the near miss to the “unusually wa
Skechers Fourth Quarter Profit Soars 149%…
Skechers USA Inc. reported its twelfth consecutive quarter of year-over-year sales increases, and paired that streak with its eleventh consecutive quarter of net income gains. In addition, the company experienced “double-digit sales growth in all operatin
Escalade Re-states Results…
Escalade Inc. will restate its financial results for 2004 and 2005 and adjust quarterly reports for 2006 after the company found errors in how income tax and employee benefit costs were calculated. Escalade said it had overstated the impact of taxes and e
G-III Apparel Slightly Cuts 06’ Sales Forecasts; Maintains EPS…
G-III Apparel Group Ltd. slightly cut its sales forecasts for the year ended January 31, 2007, but maintained its projected earnings estimates. Overall results will come in substantially ahead of prior year results.
In announcing preliminary results, the
Crocs, Inc. Raises Growth Targets for 2007…
Continuing to prove its doubters – including many short-sellers – wrong, Crocs Inc. reported fourth quarter earnings that easily beat prior projections, and hiked its fiscal 2007 revenue and earnings growth targets to more than 45% over fiscal year 2006.
Cabela’s Delivers Robust Fourth Quarter Results…
Driven by a strong performance at its retail stores, Cabela's Inc. reported fourth-quarter earnings rose 26%. The outdoor retailer also announced plans to open eight stores in 2007. In the quarter ended December 31, revenue grew 16% to $781 million f
Volcom Sees Q4 Sales Increases in All Segments…
Volcom, Inc. ended the year on a high note as sales increased in each of its product categories, in each of its geographic breakdowns, and in both customers large and small. Overall, fourth quarter revenues increased 37.2% to $56.6 million, from $41.2 mil
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